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Re: puffadder post# 18814

Saturday, 02/01/2014 7:07:42 PM

Saturday, February 01, 2014 7:07:42 PM

Post# of 36804
Puffadder, thats a good point about how many shares have just gone up in smoke or shareholders have died after all these years and tossed the certs because they were just assumed to be worthless. I know I have several associates who unfortunately bought the stock about ten years ago at my suggestion who wrote the stock off for tax purposes when they couldn't sell it at .0001 after a lengthy try. Who knows? Maybe I will have the last laugh and redeem myself on this.

I think the other key factor is that a huge chunk of the float is tied up in the hands of shareholders who bought the stock at much higher prices following the Motorola PR for high defintion TVs using ceramic screens. My share holdings date from a later purchase date, but I do remember the incredible run from no bid to .0077 which eventually led me to purchase shares. At the time the Cetek Process developed by Hilal seemed to offer incredible potential based on what I knew about ceramic technolgy. So it's entirely possible we may not see huge volumes of shares for sale until we at least get out of the trip zeros. Hard to say though with a lot of recent purchases at .0001 and .0002.

I have said for many years that I think fundamentally, based on the credit reporting companies revenue estimates, that Cetek should be trading around .003. If we get a PR with a big contract announcement or detailed financial information then I agree with you that .005 is not out of the question.